Yelp Inc (NYSE:YELP) CEO Jeremy Stoppelman sold 13,000 shares of Yelp stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $42.61, for a total value of $553,930.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jeremy Stoppelman also recently made the following trade(s):

  • On Tuesday, November 28th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $47.49, for a total value of $617,370.00.
  • On Friday, November 24th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $47.59, for a total value of $618,670.00.
  • On Wednesday, November 15th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.40, for a total value of $590,200.00.
  • On Tuesday, November 7th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.58, for a total value of $592,540.00.
  • On Thursday, November 2nd, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $46.59, for a total value of $605,670.00.
  • On Wednesday, October 25th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.94, for a total value of $571,220.00.
  • On Tuesday, October 17th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.50, for a total value of $565,500.00.
  • On Thursday, October 12th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.66, for a total value of $567,580.00.
  • On Wednesday, October 4th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.38, for a total value of $589,940.00.
  • On Tuesday, September 26th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.20, for a total value of $548,600.00.

Shares of Yelp Inc (YELP) traded down $1.02 during trading on Thursday, hitting $41.88. 1,428,300 shares of the company’s stock traded hands, compared to its average volume of 2,477,858. The company has a market cap of $3,555.52, a PE ratio of 194.98, a price-to-earnings-growth ratio of 9.14 and a beta of 1.22. Yelp Inc has a 52 week low of $26.93 and a 52 week high of $48.40.

Yelp (NYSE:YELP) last released its quarterly earnings data on Wednesday, November 1st. The local business review company reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.30. Yelp had a net margin of 2.31% and a return on equity of 2.20%. The business had revenue of $222.40 million during the quarter, compared to analysts’ expectations of $220.75 million. During the same quarter in the prior year, the company earned $0.22 EPS. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. research analysts forecast that Yelp Inc will post 0.18 earnings per share for the current year.

A number of analysts recently issued reports on YELP shares. Zacks Investment Research cut Yelp from a “buy” rating to a “hold” rating in a research report on Thursday, November 23rd. Piper Jaffray Companies reissued an “underweight” rating and set a $37.00 price objective (down previously from $38.00) on shares of Yelp in a research report on Thursday. Evercore ISI started coverage on Yelp in a report on Tuesday. They set an “in-line” rating and a $46.00 target price on the stock. Robert W. Baird raised their target price on Yelp from $37.00 to $44.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Finally, KeyCorp restated a “buy” rating and set a $54.00 target price on shares of Yelp in a report on Wednesday, September 6th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty have assigned a buy rating to the company. Yelp presently has a consensus rating of “Hold” and an average price target of $43.51.

Several institutional investors and hedge funds have recently added to or reduced their stakes in YELP. Strs Ohio acquired a new position in Yelp in the 2nd quarter worth $108,000. Russell Investments Group Ltd. boosted its stake in shares of Yelp by 98.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,091 shares of the local business review company’s stock worth $123,000 after buying an additional 2,033 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Yelp by 28,585.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 4,016 shares of the local business review company’s stock worth $174,000 after buying an additional 4,002 shares during the last quarter. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Yelp in the 3rd quarter valued at about $204,000. Finally, Ameritas Investment Partners Inc. bought a new stake in shares of Yelp in the 2nd quarter valued at about $205,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

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Yelp Company Profile

Yelp Inc (Yelp) connects people with local businesses by bringing ‘word of mouth’ online and providing a platform for businesses and consumers to engage and transact. The Company offers local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences with other consumers by posting reviews, tips, photos and videos, and to engage directly with businesses, through reviews, its Request-A-Quote and Message the Business features, and by completing transactions on the Yelp Platform.

Insider Buying and Selling by Quarter for Yelp (NYSE:YELP)

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